MoFi | Communities Thrive Challenge Grantee

submitted by cdficoalition on 02/13/19 1

The Rockefeller Foundation and Chan Zuckerberg Initiative announce the 10 grantees of the Communities Thrive Challenge — a $10-million effort to expand economic opportunity for low-income and financially insecure people and communities across the country. The 10 grantees — from nine states and Puerto Rico — are narrowing the opportunity gap by helping individuals and communities overcome complex systemic barriers to success. MoFi is changing what lending can do for people and their businesses. Fueled by their nonprofit mission to provide borrowers with flexible capital and superior business assistance, MoFi — a community development financial institution (CDFI)— provides financing and consulting to entrepreneurs and small business owners across the Northern Rockies, as well as affordable housing solutions. MoFi’s clients include low-income people, people in rural and low-income communities, women, minorities, and other populations left out of the financial mainstream. Visit their website at mofi.org/ and learn more at www.communitiesthrivechallenge.org/.

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